Toast, Inc. filings document the public-company disclosures of a restaurant and retail technology platform with Class A common stock listed on the New York Stock Exchange. The company’s Form 8-K reports furnish quarterly and annual financial results, press-release exhibits, and capital-allocation actions such as authorizations for share repurchases of Class A common stock.
Toast’s proxy and governance filings cover board matters, executive compensation, equity awards, stock incentive plan references, director compensation, officer appointments, indemnification arrangements, and shareholder voting materials. These records also identify the company’s registered security structure and formal reporting controls around financial, governance and compensatory events.
Toast, Inc. reported that Principal Accounting Officer Rossana Niola received new equity awards on March 10, 2026. She was granted stock options covering 87,391 shares of Class A common stock at an exercise price of $28.90 per share, plus 52,839 restricted stock units.
The option award vests 12.5% on August 1, 2026, with the remaining shares vesting in fourteen equal quarterly installments. The RSUs also vest 12.5% on August 1, 2026, with the balance vesting in equal quarterly installments over the following three and a half years. These are compensation-related grants, not open-market purchases.
Toast, Inc. CEO Aman Narang received new equity awards consisting of stock options and restricted stock units tied to Class A common stock. He was granted options to buy 261,600 shares at an exercise price of $28.90 per share, plus 52,839 restricted stock units.
The option grant and RSUs were both reported as direct holdings. The options and RSUs each vest in sixteen equal quarterly installments following April 1, 2026, meaning the awards are designed to vest gradually over four years. Following these awards, Narang directly holds 340,723 shares of Class A common stock.
Toast, Inc. President and CFO Elena Gomez received new equity awards. She was granted a stock option for 167,133 shares of Class A Common Stock at an exercise price of $28.90 per share, vesting in sixteen equal quarterly installments following April 1, 2026.
She also received 101,275 Restricted Stock Units that convert into Class A Common Stock on a one-for-one basis and vest in sixteen equal quarterly installments following April 1, 2026. Following these awards, she directly holds 164,629 shares of Class A Common Stock.
Toast, Inc. General Counsel Brian R. Elworthy received new equity awards, consisting of stock options and restricted stock units tied to Class A common stock. He was granted options for 94,466 shares at an exercise price of $28.90 per share, expiring on March 10, 2036. These options vest in sixteen equal quarterly installments following April 1, 2026.
Elworthy also received 57,242 restricted stock units, which convert into Class A common stock on a one-for-one basis as they vest, also in sixteen equal quarterly installments following April 1, 2026. After these awards, he holds 237,261 Class A shares directly and 39,368 Class A shares indirectly through the Brian R. Elworthy Irrevocable Trust of 2019.
Toast, Inc. Chief Revenue Officer Jonathan Vassil received new equity awards in the form of stock options and restricted stock units. He was granted options covering 29,066 shares of Class A common stock at an exercise price of $28.90 per share, expiring on March 10, 2036. He also received 17,613 restricted stock units that will settle into an equal number of Class A shares upon vesting and settlement. Both the options and RSUs vest in sixteen equal quarterly installments following April 1, 2026. After these awards, his directly held Class A common stock position is reported at 139,893 shares.
Toast, Inc. President Stephen Fredette received new equity compensation awards. He was granted an option to buy 116,266 shares of Class A Common Stock at $28.90 per share, vesting in sixteen equal quarterly installments following April 1, 2026. He also received 70,452 Restricted Stock Units, which convert into Class A Common Stock on a one-for-one basis and vest in sixteen equal quarterly installments following the same date. Following these awards, he holds 913,067 Class A shares directly, along with additional indirect holdings through the Fredette Family Nominee Trust, the SHFA 2021 Nominee Trust, and the SHFA Family Trust.
Toast, Inc. filed an initial ownership report for Niola Rossana, who serves as Principal Accounting Officer. This Form 3 identifies her as an executive officer subject to insider reporting rules but does not list any common stock or derivative holdings in this filing.
TOST Form 144 notice lists a proposed sale of Class A shares by Fidelity Brokerage Services LLC. The filing records two restricted stock vesting entries: 3,792 shares vested on 06/02/2023 and 4,708 shares vested on 06/06/2024 The filing identifies NYSE and includes a transaction date of 03/12/2026.
Toast, Inc. files its annual report detailing its 2025 performance and strategy as a cloud-based, all-in-one platform for restaurants and food and beverage retailers. Revenue reached $6,153 million in 2025, up from $4,960 million in 2024, a 24% increase.
The company combines SaaS software, integrated payment processing, restaurant-grade hardware, and over 200 partner integrations to serve as an operating system across dine-in, takeout, delivery, catering, and retail. Toast estimates its U.S. restaurant locations represent about 20% of the market and had approximately 6,500 employees as of December 31 2025.
Toast highlights growth priorities such as expanding U.S. location coverage, growing internationally and into food and beverage retail, increasing product adoption, and selectively pursuing acquisitions. Key risks include competition, reliance on small and mid-sized businesses, dependence on payment processing revenues, regulatory and compliance exposure, rapid technology change, AI-related risks, and macroeconomic pressure on restaurant customers.
Toast, Inc. reported strong growth for the fourth quarter and full year 2025 and expanded its share repurchase program by $500 million. Full-year revenue reached $6.153 billion versus $4.960 billion in 2024, while GAAP net income jumped to $342 million from $19 million.
Annualized recurring run-rate exceeded $2.0 billion, up 26%, and Gross Payment Volume rose 23% to $195.1 billion. Adjusted EBITDA increased to $633 million from $373 million, with free cash flow of $608 million. Management’s 2026 outlook calls for continued double-digit growth in non-GAAP subscription and financial technology gross profit and higher Adjusted EBITDA.